BEDS6
BATHS5 full
SQUARE FEET4,057
MLS#73531709
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional 5-unit Victorian investment opportunity on a picturesque, tree-lined street in desirable Malden. 29??31 Sprague Street features four (4) one-bedroom units and one (1) three-bedroom unit, offering a strong unit mix for steady rental income. This classic property showcases beautiful period architecture and timeless curb appeal that stands out in todays competitive market. Off-street parking provides significant added value ?? a rare amenity in this area. Priced at approximately $300,000 per unit, this asset offers compelling value-add potential through updates and rent optimization. Located in Maldens high-demand rental market with convenient access to public transportation, major routes, shopping, and dining. Ideal for investors seeking cash flow and long-term appreciation.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.14 Acres
Stories: 5.0
Taxes: $14,896
Year Built: 1900
Feature Descriptions
Building Area Total: 4057
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 46
Dwelling Type: 5+ Family - 5+ Units Up/Down
Open Parking Y/N: Yes
Parcel Number: M:074 B:262 L:204,595523
Parking Features: Paved Drive
Parking Total: 5
Rooms Total: 17
Sewer: Public Sewer
Units: 5
Water: Public
Listed By / Shown By
Listed By
Agency Name: Greater Metropolitan R. E.
Agent Name: Ryan Bartlett
Agency Phone: 617-523-2505
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,017.18 per month $3,338.35 Principal & Interest $1,241.33 Property Tax $437.50 Homeowner's Insurance
29-31 Sprague St | MLS# 73531709
This multi-family property located at 29-31 Sprague St, Malden, MA 02148 is currently listed for sale with an asking price of $1,500,000. Search Malden real estate on www.masiellogrouprealestate.com today.